NEW YORK (AVAFIN) -- Trading of Applied Materials options resulted in establishing a new 90-day call volume record, where 13,387 call
contracts exchanged hands between the buyers and the sellers. A total of 4,938 put and 13,387
call contracts was traded raising a 0.37 put/call ratio on shares of AMAT
A significant increase in the trading volume of a stock's option often is a precursor of movement
by the underlying stock. In such instances, put/call Ratio can be used as an investor sentiment
indicator, where a high ratio implies that the overall investor sentiment is bearish and a low
put/call ratio implies that the sentiment is bullish.
The trading volume of 20M is above the 90 day average volume of 13M shares.
Shares of Applied Materials edged up $0.59 (+5.23%) to $11.87. The price of the stock ranged
between a low of $11.45 and $11.89 respectively.